Monday, May 21, 2012

15 Inside Bar - TWI

Daily Chart
 

15 Minute Chart
 
.
Stock:TWI
Entry Bar: 3
Time Frame: 15 Minute
Entry Point: 23.55
Stop: 23.33
Exit Goal: 23.95
Result: good trade with the market
All or Nothing Result: ALL
Notes: Beaten down on the Daily Chart, small narrow range day and look for explosion. I did get taken out on ES gap fill trade but its why we use stops.


* All or Nothing means to place a trade, set a exit goal and a stop, and not to manage the trade unless it’s the end of the day. Feel free to post any trades you made today that you would like commented on.

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Disclaimer

I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES - I JUST POST TRADES I MAKE OR FIT THE RULES OF MY TRADING PLAN ON A DAILY BASIS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS! ALL CHARTS COURTESY OF TRADESTATION, SCHWAb & TD AMERITRADE